Committees

Non-fungible tokens (NFTs) and the blockchain

Inquiry

The DCMS Committee will hold an inquiry into the operation, risks, and benefits of Non-Fungible Tokens (NFTs) and the wider blockchain. MPs are expected to consider whether NFT investors, especially vulnerable speculators, are put at risk by the market. The inquiry may also look into the wider benefits that NFTs and the blockchain could provide the UK economy. 

NFT regulation in the UK is largely non-existent. The inquiry into NFTs and the Blockchain is likely to examine whether more regulation is needed, ahead of a Treasury review.   

This inquiry is no longer accepting evidence

The deadline for submissions was Friday 6 January 2023. The Committee may be able to accept further written evidence but any person considering submitting evidence should email the committee team first at dcmscom@parliament.uk.

Reports, special reports and government responses

No reports or special reports published.

Oral evidence transcripts

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18 April 2023
Inquiry Non-fungible tokens (NFTs) and the blockchain
Witnesses Joey D’Urso (Investigations Writer, The Athletic), and Kieran Maguire (Senior Teacher in Accountancy, University of Liverpool)
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317KB
Oral Evidence
18 April 2023
Inquiry Non-fungible tokens (NFTs) and the blockchain
Witnesses Institute of Art and Law, Artclear Ltd, and Design and Artists Copyright Society
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246KB
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317KB
Oral Evidence

Written evidence

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Department for Science, Innovation and Technology (NFT0051)
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157KB
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83KB
Dr Matthew Shillito (Lecturer in Law at University of Liverpool) (NFT0046)
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103KB
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38KB
Dr Hayleigh Bosher (NFT0047)
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79KB
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26KB

Other publications

Correspondence
Committees exchange letters with government departments and others, often to request information or follow up on recommendations.
1 published

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